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Oil prices extend gains in Asia

oil-prices

Oil prices rose in Asia Monday, lifted by a surge in equities following last week’s sharp gains on Wall Street, but analysts said prices remain weighed by weak demand in an oversupplied market.

Posted: October 20th, 2014 in Latest Business Stories | Read More »

Asian markets sink further on global economy fears

A woman walks past an electronic board of a local bank showing the Hong Kong share index in Hong Kong Wednesday, Sept. 10, 2014. Global stocks sank under the weight of worries about the possible timing of a U.S. rate hike, economic weakness in China and an impending referendum on Scottish independence. Hong Kong's Hang Seng fell 1.9 percent to 24,705.36. (AP Photo/Vincent Yu)

Asian markets suffered fresh selling pressure Monday while the dollar dipped and oil hit multi-year lows following another round of losses on Wall Street fueled by global growth concerns.

Posted: October 13th, 2014 in Latest Business Stories | Read More »

PSEi retreats after Wall Street bloodbath

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Philippine Stock Exchange. AP FILE PHOTO

The local stock barometer pulled back sharply on Thursday as risk-taking across the region was curbed by an overnight bloodbath in Wall Street.

Posted: October 2nd, 2014 in Latest Business Stories | Read More »

PSEi springs back to 7,200 level

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A Filipino trader blows a horn during the last day of trading this year at the Philippine Stock Exchange in the financial district of Makati, south of Manila, Philippines on Friday Dec. 28, 2012. The Philippine Stock Exchange index was up 0.31% or 17.84 points to close at 5,812.73. (AP Photo/Aaron Favila)

The local stock index sprang back to the 7,200 level on Wednesday as news of fresh China stimuli and an overnight rally on Wall Street whetted risk appetite across most regional markets.

Posted: September 17th, 2014 in Latest Business Stories | Read More »

Highest finish for the year

pse

The local stock index on Tuesday extended its winning streak for the fifth session, tracking an upbeat sentiment on Wall Street, to set a new peak for this year ahead of the release of the country’s second quarter gross domestic product (GDP) report.

Posted: August 27th, 2014 in Headlines,Latest Business Stories | Read More »

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  • Lifestyle

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  • Philippine Fashion Week: It’s now less about spectacle, more about relevance
  • The ‘Queen of Posing’ shows how it’s done
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  • Entertainment

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  • Comedy Manila takes ‘United Colors of Comedy’ to UP
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  • Business

  • Solving energy crisis, port congestion yet to be crossed off Aquino to-do list
  • SC orders BMW dealer to refund buyer
  • All local hotels, resorts to follow new star rating system in aid of tourism
  • Nielsen – Asian American buying power driving consumer trends
  • Regulator keeps interest rates steady
  • Technology

  • Zuckerberg speaks Chinese; Beijing students cheer
  • SC reminds netizens: Nothing stays private on Facebook
  • LTFRB goes after Uber vehicles; MMDA disagrees
  • SC: Privacy laws do not apply on Facebook photos freely uploaded by Internet users
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  • Opinion

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  • Prioritize evac centers on PH’s eastern seaboard
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  • ‘Tuwid na daan’ losing or gaining ground?
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  • Global Nation

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